You can change the positions around offensively for a lot of the players, but you could assemble a team like that by defensive assignments.

Juan Carlos Navarro would definitely be in the team over someone like Fernandez, quite easily, but he's had tons of injury problems in the last year and
his career appears to be about done. But, if he can come back healthy (not
known right now) then you could put him in there over Fernandez, and it would
look something like this:

Either way, a team like the Miami Heat would get beaten by such a team of top Euroleague players about 4-1 in a 7 game series - maybe even swept, and the Heat wouldn't do better than take it to 6 games, at best case scenario.

But really, they would honestly just be fighting not to get swept.

Team USA, whatever players it had, would have all it could handle against such a Euroleague selection. If you added a healthy Navarro into the mix, Team USA would definitely not be favored at all to win a 7 game series in that match up. I think it would be fairly even.

As for the 2012 version of Team USA, that team isn't good as either of the Euroleague "all star teams" listed above.

So you put the scrubs together and dream about beating USA.

Nigeria would owned that Euroleague team of yours in 7 game series.

If there is any indication, the Eurobasket 2011 was a final between team loaded with NBA players.

I can pick a team from Europe that will sweep those scrubs you called Euroleague All Stars.